User Account

All Pages

Determine the economic order quantity

Assignment Help Accounting Basics
Reference no: EM133000923

Question - A. 15 000 units of a product are demanded annually. Ordering cost is $85 per order and carrying cost is 25% of the unit cost which is $18.

Required -

i. Determine the economic order quantity?

ii. Determine the annual ordering cost?

iii. Determine the total annual cost?

Reference no: EM133000923

Questions Cloud

Estimate the amount of the adjusting entry for uncollectible : Estimate the amount of the adjusting entry for uncollectible accounts. At the end of the current year, Accounts Receivable has a balance of $535,000
Arithmetic average and the investment-weighted average : What conditions must be met for the arithmetic average and the investment-weighted average to produce the same results for a series of portfolio metrics?
What is gained from the early extinguishment of debt : The transactions are defined by the early extinguishment of debt, but just want to know what is gained from the early extinguishment of debt.
Written assignment-operating cycle : The operating cycle is the period from inventory purchase until the receipt of cash. Different company characteristics generally defines the type of operating c
Determine the economic order quantity : Ordering cost is $85 per order and carrying cost is 25% of the unit cost which is $18. Determine the economic order quantity
What is the present value of sam lottery winnings : Sam will receive his first payment today. If the interest rate is 8%, what is the present value of his lottery winnings? (Enter a positive value)
Which of two bonds first the highest current yield : Linda needs to have $50,000 in eight year, how much would she have to invest today, if she earns 10 percent annually on her money?
What is the quoted annual yield-to-maturity : The current market price for the bonds is $1,091. The bonds may be called in 5 years for 116.0% of par. What is the quoted annual yield-to-maturity
Calculate future value of retirement account thirty years : Suppose you put $1,200 per month into a Roth IRA, Calculate the future value of the retirement account 30 years from today.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Who is the companys auditor see the report of independent

ap1-3 financial information for the buckle is presented in appendix b at the end of the book.required1. determine the

  Assume that after the funds are invested

Assume that after the funds are invested, EBIT amounts to $60,000.

  Prepare a process costing departmental production report

Prepare a process costing departmental production report for the department using the weighted-average method. Round the cost per unit to the nearest cent.

  Compute the opportunity cost of going to the game

Your best friend offered you $130 for the ticket now that the team is doing well. The opportunity cost of going to the game is

  Design three additional substantive audit procedures

The recorded balance in the cash account at the company you are auditing is $22,000, and you have set materiality at $75,000. It is close to the end of the.

  What is the purpose of the auditing report

What is the purpose of the auditing report? What is an operational audit? A compliance audit? Give examples. What are the requirements of the PCAOB for auditors

  Share of income and dividends

Prepare the entries for Todd Company for the purchase of the stock, share of McGuire income and dividends received from McGuire.

  Compute the weighted-average interest rate

Swifty Company borrowed $1,155,090 on March 1 on a 5-year, Compute the weighted-average interest rate used for interest capitalization purposes

  What are the total liabilities of Big Galaxy Toys

Question - What are the total liabilities of Big Galaxy Toys if the total assets are $248,000 and the equity is $67,000

  Prepare the statement of retained earnings for year ended

Sold 5,000 shares of treasury stock for P35,000. Prepare the statement of retained earnings for the year ended June 30, 2018

  Chadd fisher was recently appointed vice president of

chadd fisher was recently appointed vice president of operations for cary corporation. he has a manufacturing

  Taxpayer sells depreciable business property

A business taxpayer sells depreciable business property with an adjusted basis of $400,000 for $32,000. The taxpayer held the property for more than a year. The taxpayer has an $8000 long term capital loss.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd